Cortexyme (NASDAQ:CRTX) Shares Pass Above Two Hundred Day Moving Average – What’s Next?

Cortexyme, Inc. (NASDAQ:CRTXGet Free Report) shares crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $1.37 and traded as high as $1.56. Cortexyme shares last traded at $1.54, with a volume of 48,558 shares traded.

Cortexyme Stock Up 4.8 %

The stock has a market cap of $46.43 million, a P/E ratio of -0.52 and a beta of 1.40. The stock has a fifty day simple moving average of $1.62 and a 200-day simple moving average of $1.37.

Cortexyme Company Profile

(Get Free Report)

Cortexyme, Inc, a clinical stage biopharmaceutical company, focuses on developing therapeutics for Alzheimer's and other degenerative diseases. Its lead drug candidate is atuzaginstat (COR388), an orally administered brain-penetrating small molecule gingipain inhibitor, which is in Phase II/III clinical trial for use in patients with mild to moderate Alzheimer's disease, as well as for the treatment of oral squamous cell carcinoma, periodontitis, and coronavirus infection.

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